was also anger you saw in the tea party movement and it was anger that was directed at mitt romney who is seen not as a business guy which is how he wanted to be seen but as a wall street guy, as a financial guy, someone taking too much advantage. one of the take aways from the last election was a wall street that was really damaged by this president and has done a lousy job addressing people's feelings, over the course of the past few years, i don't think that is the case. i really think we have a problem that is getting worse and more challenging and likely to provoke more, not fewer, uprisings of the tight you solid occupy or the tea party. >> host: you have had several careers including serving as undersecretary of commerce in the clinton administration, managing director of the kissinger associates and and a former businessman. is being capital type of operation a black rock type operation healthy for our economy? >> guest: it is essentials for the economy. it needs private equity, an innovator to go to somebody with capital and be able to applies at capital to they're big ideas a